How to Choose the Best Credit Card for Cashback and Discounts in the US

Best Credit Card for Cashback:: When choosing a credit card, many consumers are primarily interested in the discounts or cashback they can get on their everyday spending. Most US credit card providers offer discounts, reward points or cash back depending on the card type and spending category. Below is an in-depth analysis of some major US banks and their credit card discount structures.

1. Follow the bank credit card

Chase Bank is known for its variety of credit cards, especially those that offer travel and dining rewards. Chase credit cards typically earn points through Chase Ultimate Rewards, which can be used for a variety of purposes such as travel, cash back, and gift cards.

Chase Freedom Unlimited: This card offers 5% cash back on travel booked through Chase Ultimate Rewards and 3% cash back on restaurant and pharmacy purchases. This is a popular card for people who want flexibility in earning rewards.
Chase Sapphire Preferred – Offers 3x points on dining and travel, recommended for frequent travelers. Points can be transferred to various airline and hotel loyalty programs.
Chase Freedom Flex: This card offers 5% cash back in categories that change quarterly. These categories can include groceries, gas stations and more, allowing cardholders to enjoy maximum savings on everyday purchases.

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2. American Express (Amex) credit card.

American Express cards are favored by consumers looking for premium rewards in categories such as dining, travel and grocery shopping. Amex cards offer many benefits and exclusive access to events.

Amex Platinum Card: Known for its premium travel benefits, this card earns 5 points on airfare and hotels when booked through Amex Travel. It also offers access to airport lounges, making it a favorite among frequent travelers.
Amex Gold Card: The Amex Gold Card is ideal for restaurants and shopping. The Amex Gold Card earns 4 points on dining and groceries (on purchases of up to $25,000 per year at US supermarkets).

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Amex Blue Cash Preferred: This card offers 6% cash back at US supermarkets (up to $6,000 per year). This is a great option for those who spend a lot on groceries.

Here’s a list of popular USA bank credit cards along with their respective discounts/benefits, organized into separate tables:

Chase Bank Credit Cards

Credit CardDiscount/BenefitCategory
Chase Freedom Unlimited5% CashbackTravel (via Chase Ultimate Rewards)
Chase Sapphire Preferred3x PointsDining, Travel
Chase Freedom Flex5% CashbackQuarterly rotating categories (groceries, gas, etc.)

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American Express (Amex) Credit Cards

Credit CardDiscount/BenefitCategory
Amex Platinum Card5x PointsFlights and Hotels (booked through Amex Travel)
Amex Gold Card4x PointsDining, Groceries
Amex Blue Cash Preferred6% CashbackU.S. Supermarkets (on up to $6,000 annually)

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Citi Credit Cards (Citibank)

Credit CardDiscount/BenefitCategory
Citi Double Cash Card2% CashbackOn All Purchases (1% when buying, 1% when paying)
Citi Premier Card3x PointsAir Travel, Hotels, Gas, Groceries

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Bank of America Credit Cards

Credit CardDiscount/BenefitCategory
Bank of America Customized Cash Rewards3% CashbackCategory of your choice (Online shopping, Gas, Dining, etc.)
Bank of America Travel Rewards1.5x PointsTravel (on all purchases)

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Wells Fargo Credit Cards

Credit CardDiscount/BenefitCategory
Wells Fargo Active Cash Card2% CashbackOn All Purchases
Wells Fargo Propel Amex Card3x PointsDining, Travel, Gas, Streaming Services

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Capital One Credit Cards

Credit CardDiscount/BenefitCategory
Capital One Quicksilver1.5% CashbackOn All Purchases
Capital One Venture2x MilesTravel (on all purchases)

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SBI (State Bank of India) Credit Card.

SBI Simply Click Card: Online shopping and Amazon, Flipkart etc. Popular for cashback on e-commerce platforms
Book My Show Discount: For SBI Credit Cards, Book My Show offers discounts on movie tickets.

SBI Credit Cards

Credit CardDiscount/BenefitCategory
SBI Simply Click Credit Card10% CashbackOnline Purchases (Amazon, etc.)
SBI Elite Credit Card5% CashbackDining, Movies, Groceries


HDFC Bank Credit Card

HDFC Regalia Credit Card – Offers discounts on flight bookings, dining and lifestyle benefits.
Cashback on bill payments: HDFC cards can offer cashback on utility and bill payments through PayZapp or SmartPay.

HDFC Credit Cards

Credit CardDiscount/BenefitCategory
HDFC Regalia Credit Card10% DiscountFlight Bookings (via SmartBuy)
HDFC Millennia Credit Card5% CashbackAmazon, Flipkart, Myntra

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ICICI Bank Credit Card

ICICI Amazon Pay Credit Card – Offers cashback on purchases and bill payments on Amazon.
Paytm Discounts: ICICI Credit Cards offer discounts and benefits on Paytm Wallet recharge while booking Paytm movie tickets.

ICICI Credit Cards

Credit CardDiscount/BenefitCategory
ICICI Amazon Pay Credit Card5% CashbackAmazon (for Prime users)
ICICI Platinum Credit Card2.5% CashbackPaytm Wallet Top-Up

Axis Bank Credit Card

Axis Bank Flipkart Credit Card – Cashback on Flipkart and Myntra and discounts on other online platforms.
Free lounge access: Axis Bank cards give you free access to airport lounges.

Axis Bank Credit Cards

Credit CardDiscount/BenefitCategory
Axis Bank Flipkart Credit Card5% CashbackFlipkart, Myntra
Axis Magnus Credit Card10% CashbackTravel (flight, hotel bookings)

Citibank Credit Card

Citibank Cashback Credit Card – Offers cashback on utilities, phone bills and online movie ticket bookings.
Limited-time offers: Citibank occasionally offers limited-time promotions that offer increased cash back on certain purchases.
Depending on the specific card or offer you’re writing about, you can replace “One Bank” with any of the banks mentioned in your article.

Citibank Credit Cards

Credit CardDiscount/BenefitCategory
Citibank Cashback Credit Card5% CashbackUtility Bill Payments, Movies
Citibank PremierMiles Card4 Miles/₹100 SpentTravel (Flights)

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